14 C
Port Elizabeth
Thursday, August 17, 2017

Wrong to believe inequality has widened since 1994 – Zuma

President Jacob Zuma said it was wrong and scientifically not true that the gap between the rich and poor had widened since 1994, and...

Davies: B-BBEE an imperative for SA

Broad-Based Black Economy Empowerment (B-BBEE) will continue to be regarded as an imperative in South Africa, says Trade and Industry Minister Rob Davies. Addressing the...

Cabinet welcomes plan to protect economy

Cabinet has welcomed the key elements of the package agreed upon with the NEDLAC constituencies to respond to the economic challenges facing the country. The...

Gordhan: SA’s sound institutional framework will steady country

South Africa's sound institutional framework, built on the foundation of the Constitution, will hold the country in good stead as it faces uncertainty at...

Gordhan proposes measures to help state spend smarter

Finance minister Pravin Gordhan detailed several initiatives to reign in the widening deficit and improve the impact of spending by, among other things, investing...

MPs welcome Gordhan’s measures to contain debt

MPs have welcomed the Minister of Finance Pravin Gordhan's measures to clamp down on public debt, following his tabling of the Medium Term Budget...

Growth in SADC region holds opportunities for SA business

With the continued gloomy outlook in Eurozone countries and a slow down in growth in a number of developing economies, a rapidly growing Sub-Saharan...

Gordhan: Depts must seek greater value for money

Departments will have to consolidate programmes and activities, and seek greater value for money from what is available in the Fiscus, the Minister of...

Municipalities to take over housing, public transport

Building new low-cost houses and rolling out public transport would be devolved to municipalities and greater technical support will be provided in rural areas,...

State finance institutions mooted to help fund infrastructure

Government is exploring options aimed at boosting infrastructure funding through enhancing the role of the country's development finance institutions and by mobilising private-sector capacity,...

Weather

Port Elizabeth
scattered clouds
14 ° C
14 °
14 °
67%
6.2kmh
40%
Fri
16 °
Sat
16 °
Sun
18 °
Mon
23 °
Tue
19 °

Currency

ZAR - South African Rand
USD
13.2348
GBP
17.0321
EUR
15.4980
AUD
10.3992
CNY
1.9770
JPY
0.1194